Burmese soybean oil prices dropped a bit, onion prices continue to rise

Published 2022년 8월 23일

Tridge summary

The article reports a decrease in the price of peanut and soybean oil in the Mandalay and local markets of Myanmar, attributed to the presence of new peanuts and falling soybean oil prices. In contrast, the price of onions has increased. The article also highlights the importance of using quality seeds for crops and introduces East-West Seed Myanmar, a company involved in seed research, production, and sales.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The domestic peanut oil price, which had been stable all the way up, fell back a little today. From the price of 13,000 to 15,000 per pound in the Mandalay market, today the price has returned to 12,500 to 13,500. In the local market, the price went from 13,000 per pound to 12,000 today. As new peanuts entered the market and the prices fell again, soybean oil prices also fell again, according to AMIA's report. Yangon, Last week, the price of 2,500 kyats was the highest in the Buyinnaung market, but yesterday, the price of onions rose to 2,800 kyats, and today it has risen again to 2,900 kyats. The lowest price is 2,300 kyat per pound. (Prices sent by the Agricultural Market Information Agency (AMIA) are shown.) (If you want to know the prices of other commodities and crops, you can visit the 'Crop Prices' section in the Green Way App.) East West Seed Myanmar Farmers... If the crops you produce are full of quality and have a good face in the market, the most important ...

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